{"slug":"photronics","name":"Photronics","name_en":"Photronics","ticker":"PLAB","updated_at":"2026-07-12T04:04:25.875+00:00","canonical":"https://valuechain.wiki/photronics","same_as":["https://finance.yahoo.com/quote/PLAB","https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=810136"],"citable":"밸류체인 그래프 기준 Photronics의 직접 연결 기업은 4곳(관계 기준 공급 1·매출 3)이고, 사슬을 2차까지 넓히면 28곳에 닿는다. 링크의 근거 출처는 7건이며 그중 1차공시가 2건이다 (valuechain.wiki, 2026-07-12 기준).","citable_en":"Per the valuechain.wiki graph, Photronics is directly linked to 4 companies (1 supply, 3 revenue relationships) and reaches 28 companies within two hops; the links are backed by 7 dated sources, 2 of them primary filings (as of 2026-07-12).","kicker":"나스닥 · 포토마스크 · 노광 원판(필수 소모재)","kicker_en":"NASDAQ · Photomasks · lithography reticles (essential consumable)","lead":"반도체·디스플레이 포토마스크(노광 원판) 세계 선도 기업. FY2025 매출 $8.49억, IC $6.15억·FPD $2.34억. 약 675개 고객(파운드리·IDM·디스플레이). 한국 자회사 PKL을 통해 삼성전자 등에 공급. 마스크 없이는 어떤 칩도 노광할 수 없는 필수 소모재.","lead_en":"A world leader in semiconductor and display photomasks (lithography reticles). FY2025 revenue $849M (IC $615M, FPD $234M). ~675 customers across foundries, IDMs and display. Supplies Samsung and others via its Korean subsidiary PKL. Masks are an essential consumable: no chip is patterned without them.","segments":{"fy":2025,"parts":[{"desc":"FY2025 $615M. 파운드리·IDM(TSMC·삼성·인텔)에 반도체 노광 마스크 — 상위 5 고객이 매출 50%.","name":"IC 포토마스크"},{"desc":"FY2025 $234M. 디스플레이 패널 노광 마스크.","name":"FPD 포토마스크"}],"total":"FY2025 매출 $849M","concentration":"파운드리·IDM·디스플레이 ~675개 고객."},"segments_en":{"fy":2025,"parts":[{"desc":"FY2025 $615M; semiconductor reticles to foundries/IDMs (TSMC, Samsung, Intel) — top-5 customers are ~50% of revenue.","name":"IC photomasks"},{"desc":"FY2025 $234M; display-panel photomasks.","name":"FPD photomasks"}],"total":"FY2025 revenue $849M","concentration":"~675 foundry/IDM/display customers."},"returns_yearly":{"2021":68.9,"2022":-10.7,"2023":86.4,"2024":-24.9,"2025":35.8,"2026":-6.6},"return_asof":"2026-07-10","value_chain":{"leading":[{"slug":"dell","name":"Dell","name_en":"Dell Technologies","tier":3,"returns_yearly":{"2021":51.2,"2022":-26.6,"2023":95.9,"2024":53,"2025":11.2,"2026":248.1}},{"slug":"seagate","name":"Seagate","name_en":"Seagate Technology","tier":3,"returns_yearly":{"2021":87.5,"2022":-51.4,"2023":69.1,"2024":4.1,"2025":225.3,"2026":231.4}},{"slug":"lenovo","name":"Lenovo","name_en":"Lenovo","tier":3,"returns_yearly":{"2021":-4.6,"2022":-20.9,"2023":36.2,"2024":18.2,"2025":-0.6,"2026":175.7}},{"slug":"sk-hynix","name":"SK하이닉스","name_en":"SK hynix","tier":3,"returns_yearly":{"2021":-0.4,"2022":-25.6,"2023":53.9,"2024":48.6,"2025":361.1,"2026":140.3}},{"slug":"hpe","name":"HPE","name_en":"Hewlett Packard Enterprise","tier":3,"returns_yearly":{"2021":37.4,"2022":4.5,"2023":9.7,"2024":29.1,"2025":15.5,"2026":104}},{"slug":"lg-electronics","name":"LG전자","name_en":"LG Electronics","tier":3,"returns_yearly":{"2021":-16.2,"2022":-20.9,"2023":-5.8,"2024":-9.5,"2025":19.2,"2026":85.5}},{"slug":"samsung-electronics","name":"삼성전자","name_en":"Samsung Electronics","tier":3,"returns_yearly":{"2021":-9,"2022":-14.2,"2023":20.9,"2024":-26.4,"2025":212.9,"2026":77.9}},{"slug":"eoptolink","name":"Eoptolink","name_en":"Eoptolink","tier":3,"returns_yearly":{"2021":-10.1,"2022":-27.7,"2023":136.6,"2024":197,"2025":368.8,"2026":74.9}},{"slug":"kyocera","name":"교세라","name_en":"Kyocera","tier":3,"returns_yearly":{"2021":7.5,"2022":-2.1,"2023":33.8,"2024":-24,"2025":46.7,"2026":63}},{"slug":"mercury-systems","name":"Mercury Systems","name_en":"Mercury Systems","tier":3,"returns_yearly":{"2021":-37.5,"2022":-18.7,"2023":-18.3,"2024":14.8,"2025":73.8,"2026":47.9}},{"slug":"asustek","name":"에이수스(ASUS)","name_en":"ASUSTeK Computer","tier":3,"returns_yearly":{"2021":35.5,"2022":-12.9,"2023":72,"2024":41.1,"2025":-14.1,"2026":46.7}},{"slug":"arista","name":"Arista Networks","name_en":"Arista Networks","tier":3,"returns_yearly":{"2021":97.9,"2022":-15.6,"2023":94.1,"2024":87.7,"2025":18.5,"2026":42.7}},{"slug":"geely-auto","name":"지리자동차","name_en":"Geely Auto","tier":3,"returns_yearly":{"2021":-40.8,"2022":-22.9,"2023":-40.3,"2024":98.5,"2025":14.5,"2026":18.9}},{"slug":"nikon","name":"니콘","name_en":"Nikon","tier":3,"returns_yearly":{"2021":46.2,"2022":10.9,"2023":23.1,"2024":13.7,"2025":19.7,"2026":15.9}},{"slug":"alphabet","name":"알파벳 (구글)","name_en":"Alphabet (Google)","tier":3,"returns_yearly":{"2021":65.3,"2022":-39.1,"2023":58.3,"2024":36,"2025":66,"2026":14.3}},{"slug":"nvidia","name":"NVIDIA","name_en":"NVIDIA","tier":3,"returns_yearly":{"2021":125.5,"2022":-50.3,"2023":239,"2024":171.2,"2025":38.9,"2026":13.3}},{"slug":"amazon","name":"아마존","name_en":"Amazon","tier":3,"returns_yearly":{"2021":2.4,"2022":-49.6,"2023":80.9,"2024":44.4,"2025":5.2,"2026":6.3}},{"slug":"meta","name":"메타 플랫폼스","name_en":"Meta Platforms","tier":3,"returns_yearly":{"2021":23.1,"2022":-64.2,"2023":194.1,"2024":66,"2025":13.1,"2026":1.6}},{"slug":"general-motors","name":"제너럴 모터스","name_en":"General Motors","tier":3,"returns_yearly":{"2021":40.8,"2022":-42.4,"2023":7.9,"2024":49.8,"2025":54.2,"2026":-3.8}},{"slug":"tesla","name":"Tesla","name_en":"Tesla","tier":3,"returns_yearly":{"2021":49.8,"2022":-65,"2023":101.7,"2024":62.5,"2025":11.4,"2026":-9.3}},{"slug":"toyota","name":"Toyota Motor Corporation","name_en":"Toyota Motor Corporation","tier":3,"returns_yearly":{"2021":58.1,"2022":-13.4,"2023":63,"2024":1.8,"2025":21.8,"2026":-18.2}},{"slug":"microsoft","name":"마이크로소프트","name_en":"Microsoft","tier":3,"returns_yearly":{"2021":52.5,"2022":-28,"2023":58.2,"2024":12.9,"2025":15.6,"2026":-20}},{"slug":"xiaomi","name":"샤오미","name_en":"Xiaomi","tier":3,"returns_yearly":{"2021":-43.9,"2022":-21.1,"2023":-4.6,"2024":209.7,"2025":-6.9,"2026":-27.2}},{"slug":"oracle","name":"Oracle","name_en":"Oracle","tier":3,"returns_yearly":{"2021":36.9,"2022":-4.6,"2023":30.9,"2024":60,"2025":18.1,"2026":-27.4}},{"slug":"aerovironment","name":"AeroVironment","name_en":"AeroVironment","tier":3,"returns_yearly":{"2021":-28.6,"2022":38.1,"2023":47.1,"2024":22.1,"2025":57.2,"2026":-40.2}},{"slug":"anthropic","name":"Anthropic","name_en":"Anthropic","tier":3,"returns_yearly":null},{"slug":"openai","name":"OpenAI","name_en":"OpenAI","tier":3,"returns_yearly":null},{"slug":"intel","name":"Intel","name_en":"Intel","tier":2,"returns_yearly":{"2021":6.1,"2022":-46.6,"2023":94.6,"2024":-59.6,"2025":84,"2026":197.7}},{"slug":"marvell","name":"Marvell","name_en":"Marvell","tier":2,"returns_yearly":{"2021":84.6,"2022":-57.5,"2023":63.7,"2024":83.8,"2025":-22.8,"2026":177.8}},{"slug":"amd","name":"AMD","name_en":"AMD","tier":2,"returns_yearly":{"2021":56.9,"2022":-55,"2023":127.6,"2024":-18.1,"2025":77.3,"2026":160.5}},{"slug":"astera-labs","name":"Astera Labs","name_en":"Astera Labs","tier":2,"returns_yearly":{"2025":25.6,"2026":148.2}},{"slug":"mediatek","name":"미디어텍","name_en":"MediaTek","tier":2,"returns_yearly":{"2021":27.8,"2022":-26.6,"2023":52.9,"2024":58.3,"2025":24.9,"2026":124.3}},{"slug":"fortinet","name":"포티넷","name_en":"Fortinet","tier":2,"returns_yearly":{"2021":142,"2022":-32,"2023":19.7,"2024":61.4,"2025":-16,"2026":98.4}},{"slug":"renesas","name":"르네사스","name_en":"Renesas Electronics","tier":2,"returns_yearly":{"2021":8.2,"2022":2.4,"2023":88,"2024":-13.6,"2025":23.8,"2026":84.9}},{"slug":"credo","name":"크레도","name_en":"Credo Technology","tier":2,"returns_yearly":{"2023":46.3,"2024":245.2,"2025":114.1,"2026":79.2}},{"slug":"realtek","name":"리얼텍","name_en":"Realtek","tier":2,"returns_yearly":{"2021":19.6,"2022":-33.8,"2023":56.2,"2024":19.1,"2025":-6.4,"2026":73.7}},{"slug":"global-unichip","name":"Global Unichip","name_en":"Global Unichip","tier":2,"returns_yearly":{"2021":21.4,"2022":67.6,"2023":99.4,"2024":-13.7,"2025":101.4,"2026":66.4}},{"slug":"cisco","name":"Cisco","name_en":"Cisco","tier":2,"returns_yearly":{"2021":45.8,"2022":-22.5,"2023":9.3,"2024":21,"2025":33.5,"2026":59.8}},{"slug":"montage","name":"Montage Technology","name_en":"Montage Technology","tier":2,"returns_yearly":{"2021":-18.2,"2022":-21.8,"2023":-18,"2024":51.4,"2025":169,"2026":47.4}},{"slug":"analog-devices","name":"Analog Devices","name_en":"Analog Devices","tier":2,"returns_yearly":{"2021":21,"2022":-4.9,"2023":23.4,"2024":8.8,"2025":29.8,"2026":46.7}},{"slug":"microchip","name":"Microchip","name_en":"Microchip Technology","tier":2,"returns_yearly":{"2021":27.5,"2022":-18,"2023":30.9,"2024":-35,"2025":14.6,"2026":40.6}},{"slug":"nxp","name":"NXP반도체","name_en":"NXP Semiconductors","tier":2,"returns_yearly":{"2021":44.8,"2022":-29.2,"2023":48.4,"2024":-8,"2025":6.4,"2026":35.8}},{"slug":"alchip","name":"알칩","name_en":"Alchip Technologies","tier":2,"returns_yearly":{"2021":14.3,"2022":-8.7,"2023":365.1,"2024":-18.9,"2025":0.8,"2026":34.7}},{"slug":"apple","name":"Apple","name_en":"Apple","tier":2,"returns_yearly":{"2021":34.6,"2022":-26.4,"2023":49,"2024":30.7,"2025":9.1,"2026":16.2}},{"slug":"broadcom","name":"Broadcom","name_en":"Broadcom","tier":2,"returns_yearly":{"2021":56.5,"2022":-13.3,"2023":104.2,"2024":110.5,"2025":50.6,"2026":16}},{"slug":"qualcomm","name":"Qualcomm","name_en":"Qualcomm","tier":2,"returns_yearly":{"2021":22.3,"2022":-38.6,"2023":35.1,"2024":8.3,"2025":13.8,"2026":11.7}},{"slug":"ambarella","name":"Ambarella","name_en":"Ambarella","tier":2,"returns_yearly":{"2021":121,"2022":-59.5,"2023":-25.5,"2024":18.7,"2025":-2.6,"2026":9.1}},{"slug":"sony-semiconductor","name":"소니 반도체","name_en":"Sony Semiconductor Solutions","tier":2,"returns_yearly":{"2021":27.2,"2022":-8.4,"2023":27.8,"2024":17.9,"2025":1,"2026":-2.4}},{"slug":"phison","name":"Phison","name_en":"Phison Electronics","tier":2,"returns_yearly":{"2021":26.8,"2022":-10.7,"2023":45.1,"2024":-6.7,"2025":418.3,"2026":-6}},{"slug":"mobileye","name":"Mobileye","name_en":"Mobileye","tier":2,"returns_yearly":{"2023":23.6,"2024":-54,"2025":-47.6,"2026":-8.5}},{"slug":"will-semiconductor","name":"웨이얼반도체(윌세미)","name_en":"Will Semiconductor","tier":2,"returns_yearly":{"2021":-12.1,"2022":-49.7,"2023":-8.3,"2024":22.8,"2025":15.5,"2026":-14.8}},{"slug":"cerebras","name":"Cerebras","name_en":"Cerebras Systems","tier":2,"returns_yearly":null},{"slug":"tsmc","name":"TSMC","name_en":"TSMC","tier":1,"returns_yearly":{"2021":12.1,"2022":-36.7,"2023":42.3,"2024":92.6,"2025":55.9,"2026":43.6}}],"benefiting":[{"slug":"hoya","name":"호야","name_en":"Hoya Corporation","tier":1,"returns_yearly":{"2021":10.8,"2022":-3,"2023":34.4,"2024":11.3,"2025":24.9,"2026":-2.9}}],"analysis":"반도체·디스플레이 포토마스크(노광 원판) 세계 선도사로, 마스크 없이는 어떤 칩도 노광할 수 없는 필수 소모재 지위가 방어선이다. FY2025 매출 $8.49억(IC $6.15억·FPD $2.34억)의 안정성은 파운드리·IDM·디스플레이 ~675개 고객 기반에서 나오나, 상위 5개 고객이 3년 연속 매출의 약 50%를 차지해 대형 고객 집중이 상존한다. 원재료인 마스크 블랭크를 호야(EUV 75%+ 지배)·AGC에 의존하는 상류 종속과, DNP와의 합작 PDMC로 아시아 캐파를 운영하는 자본 제휴가 구조의 두 축이다. 그래프상 상류는 호야·AGC(블랭크), 하류는 TSMC·삼성·인텔로, 첨단 노광 물량 증가가 이 소모재 노드로 수요를 전파한다.","analysis_en":"A world leader in semiconductor and display photomasks (lithography reticles), whose moat is its status as an essential consumable — no chip is patterned without a mask. The stability of FY2025 revenue of $849M (IC $615M, FPD $234M) comes from a ~675-customer base across foundries, IDMs and display, but the top five customers have made up ~50% of revenue for three straight years, so large-customer concentration persists. Two structural axes are upstream dependence on mask blanks from Hoya (75%+ EUV dominance) and AGC, and a capital tie-up running Asian capacity through the DNP joint venture PDMC. Upstream on the graph are Hoya and AGC (blanks); downstream are TSMC, Samsung and Intel, and rising advanced-lithography volume propagates demand into this consumables node.","analysis_asof":"2026-07-10"},"edges":[{"direction":"revenue","counterparty":"TSMC","counterparty_slug":"tsmc","confidence":"high","metric":null,"note":"TSMC에 포토마스크 공급.","note_en":"Supplies photomasks to TSMC.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2025-12-01","url":"https://www.sec.gov/Archives/edgar/data/810136/000114036125045083/ef20060918_ex99-1.htm","title":"Photronics 분기 실적(8-K)","title_en":"Photronics quarterly results (8-K)","excerpt":"TSMC에 포토마스크 공급.","excerpt_en":"Supplies photomasks to TSMC."}]},{"direction":"revenue","counterparty":"삼성전자","counterparty_slug":"samsung-electronics","confidence":"high","metric":null,"note":"삼성전자에 포토마스크 공급.","note_en":"Supplies photomasks to Samsung.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2025-12-01","url":"https://www.sec.gov/Archives/edgar/data/810136/000114036125045083/ef20060918_ex99-1.htm","title":"Photronics 분기 실적(8-K)","title_en":"Photronics quarterly results (8-K)","excerpt":"삼성전자에 포토마스크 공급.","excerpt_en":"Supplies photomasks to Samsung."},{"stance":"confirms","publisher":"디일렉","publisher_en":"TheElec","kind":"news","lang":"ko","published_at":"2025-06-01","url":"https://www.thelec.kr/news/articleView.html?idxno=35871","title":"삼성전자, 메모리용 포토마스크 첫 외주화…포트로닉스 PKL 검토","title_en":"Samsung weighs outsourcing memory photomasks; reviews Photronics PKL","excerpt":"삼성전자가 메모리용 포토마스크를 포트로닉스 PKL에 외주 검토.","excerpt_en":"Samsung weighs outsourcing memory photomasks to Photronics PKL."}]},{"direction":"investment","counterparty":"PDMC (Photronics·DNP 포토마스크 합작, Photronics 50.01%)","counterparty_slug":null,"confidence":"high","metric":{"structure":"joint_venture"},"note":"포트로닉스는 DNP와 합작사 PDMC(과반 지분)·샤먼 PDMCX를 통해 아시아 마스크 캐파를 운영 — DNP의 선단 공정과 포트로닉스의 글로벌 고객망을 결합한 자본 제휴.","note_en":"Photronics operates Asian mask capacity through the PDMC JV (majority-owned) and Xiamen PDMCX with DNP — a capital tie-up combining DNP's leading-edge process with Photronics' global customer base.","sources":[{"stance":"confirms","publisher":"다이닛폰인쇄","publisher_en":"Dai Nippon Printing","kind":"filing","lang":"en","published_at":"2026-05-15","url":"https://www.global.dnp/content/dam/dnp-global/pdf/en/ir/library/result/dnp_e_25Q4fin.pdf","title":"DNP 연결결산 실적 (2026.3 종료 회계연도, J-GAAP)","title_en":"DNP Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 [J-GAAP]","excerpt":"DNP 그룹사에 Photronics DNP Mask Corporation·PDMCX 등재(합작).","excerpt_en":"DNP lists Photronics DNP Mask Corporation and PDMCX as group JV companies."}]},{"direction":"revenue","counterparty":"파운드리·IDM (포토마스크)","counterparty_slug":null,"confidence":"mid","metric":{"type":"share","unit":"%","as_of":"2025-10","basis":"상위 5개 고객 합산(10-K)","value":50,"period":"FY2023~2025","basis_en":"top-5 customers combined (10-K)"},"note":"파운드리·IDM에 IC 포토마스크 공급(~675개 고객).","note_en":"Supplies IC photomasks to foundries/IDMs (~675 customers).","sources":[{"stance":"confirms","publisher":"StockTitan (10-K)","publisher_en":"StockTitan (10-K)","kind":"news","lang":"en","published_at":"2025-12-10","url":"https://www.stocktitan.net/sec-filings/PLAB/10-k-photronics-inc-files-annual-report-a845892b173f.html","title":"Photronics 10-K FY2025 (매출 $849.3M, 고객 집중)","title_en":"Photronics 10-K FY2025 filing summary","excerpt":"The five largest customers represented about 50% of revenue in 2025, 2024, and 2023. (상위 5개 고객이 3개년 연속 매출의 약 50%)","excerpt_en":"The five largest customers represented about 50% of revenue in 2025, 2024, and 2023."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2025-12-01","url":"https://www.sec.gov/Archives/edgar/data/810136/000114036125045083/ef20060918_ex99-1.htm","title":"Photronics 분기 실적(8-K)","title_en":"Photronics quarterly results (8-K)","excerpt":"마스크는 노광에 필수, 파운드리·IDM 전반이 고객.","excerpt_en":"Masks are essential to lithography; foundries/IDMs broadly are customers."},{"stance":"confirms","publisher":"전자신문","publisher_en":"ETNews","kind":"news","lang":"ko","published_at":"2022-11-07","url":"https://www.etnews.com/20221107000200","title":"\"포토마스크 없다\"…반도체 초비상(필수 소모재)","title_en":"Photomask shortage hits chips (essential consumable)","excerpt":"마스크는 노광에 필수, 파운드리·IDM 전반이 고객.","excerpt_en":"Masks are essential to lithography; foundries/IDMs broadly are customers."}]},{"direction":"cost","counterparty":"마스크 블랭크·소재 (비공개)","counterparty_slug":null,"confidence":"mid","metric":{"type":"qualifier","value":null,"qualifier":"confirmed_no_disclosed_value"},"note":"마스크 블랭크·펠리클 등 소재 조달.","note_en":"Sources mask blanks, pellicles and materials.","sources":[{"stance":"mentions","publisher":"SemiconductorX","publisher_en":"SemiconductorX","kind":"analysis","lang":"en","published_at":"2024-06-01","url":"https://semiconductorx.com/semiconductor-euv-mask-blanks.html","title":"EUV 마스크 블랭크 시장 구조","title_en":"EUV mask blanks and pellicles","excerpt":"블랭크 공급은 호야(EUV 75%+ 추정)·AGC 양강 — 포토마스크 업체의 핵심 원재료.","excerpt_en":"Blanks come from the HOYA-AGC duopoly (HOYA est. 75%+ in EUV)."},{"stance":"confirms","publisher":"전자신문","publisher_en":"ETNews","kind":"news","lang":"ko","published_at":"2022-11-07","url":"https://www.etnews.com/20221107000200","title":"\"포토마스크 없다\"…반도체 초비상(필수 소모재)","title_en":"Photomask shortage hits chips (essential consumable)","excerpt":"마스크 블랭크 등 핵심 소재 의존.","excerpt_en":"Depends on mask blanks and key materials."}]},{"direction":"cost","counterparty":"마스크 블랭크 (호야·AGC)","counterparty_slug":"hoya","confidence":"mid","metric":{"product":"mask_blank"},"note":"포토마스크 제조용 마스크 블랭크스를 호야(EUV 75%+ 지배)·AGC에서 조달. 블랭크→포토마스크 가공.","note_en":"Sources mask blanks for photomask making from Hoya (EUV 75%+ dominant) and AGC; processes blanks into photomasks.","sources":[{"stance":"mentions","publisher":"Semiconductor Insight","publisher_en":"Semiconductor Insight","kind":"analysis","lang":"en","published_at":"2025-08-01","url":"https://semiconductorinsight.com/blog/hoya-expands-euv-photomask-blank-capabilities-strengthening-global-semiconductor-supply-chain/","title":"호야, EUV 포토마스크 블랭크 역량 확대 — 공급망 핵심","title_en":"HOYA expands EUV photomask blank capabilities, strengthening the semiconductor supply chain","excerpt":"포트로닉스 등 포토마스크 3사는 블랭크스를 호야·AGC에 의존.","excerpt_en":"Photronics and peers rely on Hoya/AGC for blanks."}]},{"direction":"revenue","counterparty":"Intel","counterparty_slug":"intel","confidence":"mid","metric":null,"note":"인텔에 포토마스크 공급.","note_en":"Supplies photomasks to Intel.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2025-12-01","url":"https://www.sec.gov/Archives/edgar/data/810136/000114036125045083/ef20060918_ex99-1.htm","title":"Photronics 분기 실적(8-K)","title_en":"Photronics quarterly results (8-K)","excerpt":"인텔에 포토마스크 공급.","excerpt_en":"Supplies photomasks to Intel."}]},{"direction":"cost","counterparty":"마스크 묘화·검사 장비 (비공개)","counterparty_slug":null,"confidence":"low","metric":{"type":"qualifier","value":null,"qualifier":"confirmed_no_disclosed_value"},"note":"마스크 묘화·검사 장비(비공개).","note_en":"Mask writing/inspection equipment (undisclosed).","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2025-12-01","url":"https://www.sec.gov/Archives/edgar/data/810136/000114036125045083/ef20060918_ex99-1.htm","title":"Photronics 분기 실적(8-K)","title_en":"Photronics quarterly results (8-K)","excerpt":"마스크 제작에 전용 묘화·검사 장비 사용.","excerpt_en":"Uses dedicated mask writing/inspection tools."}]}]}